Blog Credo

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.

H.L. Mencken

Thursday, August 28, 2014

All We Need Is Polyester Pants And Disco On The Radio

When you have an economic catastrophe - and it bears repeating that technically 2007-8 was a depression - it takes a LONG time to revive people's confidence.  Reagan's great trick was in reviving confidence, even when things weren't really improving all that much for many people.  He as great at the atmospherics of pride.

This decade feels very much like the '70s.  The hangover from a bad war, energy concerns, environmental apocalyptic warnings, economic stagnation.  My guess, also, is that if you asked people in '79 or even '91 if they thought things would get better, they would've been pretty pessimistic.  I know the early '90s felt like shit to me.

The economy will bounce back.  And as long as Democrats can gain control of Congress and the Courts, it might even bounce back for working class Americans, too.

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